First Solar, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.80B | $1.62B | $1.95B | $1.48B | $1.45B | $1.23B | $1.35B | $1.40B |
| Accounts Receivable | $1.29B | $1.26B | $660.8M | $324.3M | $429.4M | $266.1M | $475.0M | $128.3M |
| Inventory | $736.7M | $1.08B | $819.9M | $621.4M | $666.3M | $567.6M | $443.5M | $387.9M |
| Total Current Assets | $6.03B | $5.09B | $4.63B | $3.79B | $3.19B | $3.01B | $3.60B | $3.86B |
| Property, Plant & Equipment | $5.68B | $5.41B | $4.40B | $3.54B | $2.65B | $2.40B | $2.18B | $1.76B |
| Goodwill | $31.1M | $28.3M | $29.7M | $14.5M | $14.5M | $14.5M | $14.5M | $14.5M |
| Intangible Assets (Excl. Goodwill) | $51.0M | $54.7M | $64.5M | $31.1M | $45.5M | $56.1M | $64.5M | $74.2M |
| Total Assets | $13.32B | $12.12B | $10.37B | $8.25B | $7.41B | $7.11B | $7.52B | $7.12B |
| Liabilities | ||||||||
| Accounts Payable | $405.8M | $482.2M | $207.2M | $341.4M | $193.4M | $183.3M | $218.1M | $233.3M |
| Total Current Liabilities | $2.25B | $2.08B | $1.31B | $1.04B | $726.9M | $847.4M | $1.32B | $845.5M |
| Long-Term Debt | $282.6M | $373.4M | $464.1M | $184.3M | $236.0M | $237.7M | $454.2M | $479.2M |
| Total Liabilities | $3.78B | $4.15B | $3.68B | $2.42B | $1.45B | $1.59B | $2.42B | $1.91B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $6.79B | $5.26B | $3.97B | $3.14B | $3.18B | $2.72B | $2.33B | $2.44B |
| Total Stockholders' Equity | $9.54B | $7.98B | $6.69B | $5.84B | $5.96B | $5.52B | $5.10B | $5.21B |